SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit fresh highs, but the rally cooled after a statement from the US Treasury.

According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion at recent price levels.

SpaceX Moves And Holdings

According to on-chain trackers, SpaceX built up those coins between December 31, 2020, and June 10, 2022, and later moved a chunk of its earlier stash to Coinbase Prime in mid-2022.

Recent on-chain activity shows the company relocated 1,308 BTC to a new address three weeks ago, a transfer that analysts treated as a shuffle rather than a sale.

According to Arkham data, SpaceX’s Bitcoin holdings have exceeded $1 billion. The company holds a total of 8,285 BTC

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